Delta Air Lines (DAL) Price to Book (2009 - 2026)
Delta Air Lines' Price to Book was 2.44 in Q3 2026, up 23.9% from 1.97 a year earlier but down 13.6% from the prior quarter.
Powered by 
Analysis
Delta Air Lines (DAL) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Price to Book at Delta Air Lines came in at 2.17, down 14.9% from FY2024.
- In earlier years, Price to Book was 2.56 in FY2024 (+9.6%), 2.33 in FY2023 (-27.2%), 3.20 in FY2022 (-50.2%) and 6.43 in FY2021 (-61.5%).
- Quarterly Price to Book has moved between 1.84 (Q2 2025) and 8.48 (Q1 2022) over five years.
- Compared with a year earlier, Price to Book has increased for three straight quarters, with growth averaging 1.4% over the last eight quarters.
- The best year-over-year quarter for Price to Book over five years was Q2 2026 (growth of 53.3%); the worst was Q1 2022 (a decline of 86.8%).
- Per Business Quant data, DAL's Price to Book in the three quarters before Q3 2026 was 2.82 (Q2 2026), 2.14 (Q1 2026) and 2.17 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 174.42 Bn | 168.95 Bn | - |
| 2 | Csx | 95.36 Bn | 91.56 Bn | - |
| 3 | United Parcel Service | 85.57 Bn | 62.46 Bn | - |
| 4 | Canadian Pacific Kansas City | 79.78 Bn | 78.80 Bn | - |
| 5 | Norfolk Southern | 74.57 Bn | 69.21 Bn | - |
| 6 | Fedex | 71.37 Bn | 37.31 Bn | - |
| 7 | Delta Air Lines | 51.66 Bn | 33.84 Bn | - |
| 8 | Old Dominion Freight Line | 39.60 Bn | 38.86 Bn | - |
| 9 | United Airlines Holdings | 33.34 Bn | -23.04 Bn | - |
| 10 | Ryanair Holdings | 28.36 Bn | 12.01 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.44 |
| Jun 30, 2026 | 2.82 |
| Mar 31, 2026 | 2.14 |
| Dec 31, 2025 | 2.17 |
| Sep 30, 2025 | 1.97 |
| Jun 30, 2025 | 1.84 |
| Mar 31, 2025 | 1.84 |
| Dec 31, 2024 | 2.56 |
| Sep 30, 2024 | 2.40 |
| Jun 30, 2024 | 2.47 |
| Mar 31, 2024 | 2.77 |
| Dec 31, 2023 | 2.33 |
| Sep 30, 2023 | 2.58 |
| Jun 30, 2023 | 3.78 |
| Mar 31, 2023 | 3.59 |
| Dec 31, 2022 | 3.20 |
| Sep 30, 2022 | 3.92 |
| Jun 30, 2022 | 4.87 |
| Mar 31, 2022 | 8.48 |
| Dec 31, 2021 | 6.43 |
API Access
Delta Air Lines Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=DAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "DAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=DAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();